Which says football investments are likely to be strategic only and possibly only when linked to the Belt and Road Initiative projects. That puts a lot of doubt on investment in Milan, since Italy as nothing to do with the Belt and Road projects.

They might end up spending more on football stadiums in Asia and Africa rather than in European clubs.

What are the odds now that Li folds and Elliott sells to the highest bidder? Would that even be such a bad thing? We're a young team and potentially with Conte next year we could dominate. Might be a good time to buy the team.

What are the odds now that Li folds and Elliott sells to the highest bidder? Would that even be such a bad thing? We're a young team and potentially with Conte next year we could dominate. Might be a good time to buy the team.

I think we're going to have new owners by 2019

maybe li will become a minority owner and sell most of his shares to someone richer.

What are the odds now that Li folds and Elliott sells to the highest bidder? Would that even be such a bad thing? We're a young team and potentially with Conte next year we could dominate. Might be a good time to buy the team.

Not gonna happen.

You think Li is dumb enough to have burned 500m in the summer just to lose the club 6 months later?
He has the money.

I bet we use those funds and refinancing just so we don't have to expose the real owners.

You think Li is dumb enough to have burned 500m in the summer just to lose the club 6 months later?
He has the money.

I bet we use those funds and refinancing just so we don't have to expose the real owners.

I don't know, it seemed clear that they were making a huge all or nothing bet that we'd make the CL this year, and not doing so would be a huge hit. What coach or WC player would join next year if we end up as 6th again? Can they promise a Conte that we'd spend another 200m to get his players? I really doubt that. It was all or nothing, and right now we have a whole lot of nothing.

Edit: Especially since if we don't make the CL we're going to have to sell some assets, most likely Donnarumma, Suso or Andre Silva. Whoever we replace them with won't be as good, since the point is to make money from the sales.

I don't know, it seemed clear that they were making a huge all or nothing bet that we'd make the CL this year, and not doing so would be a huge hit. What coach or WC player would join next year if we end up as 6th again? Can they promise a Conte that we'd spend another 200m to get his players? I really doubt that. It was all or nothing, and right now we have a whole lot of nothing.

Edit: Especially since if we don't make the CL we're going to have to sell some assets, most likely Donnarumma, Suso or Andre Silva. Whoever we replace them with won't be as good, since the point is to make money from the sales.

The "all or nothing" partially doesn't sound realistic at all.

Noone would bet 500m like it's a casino.
Especially if those 500m is all the money they got.

And it's not like football is a hugely profitable business. So the options were - Li either loses all his money or makes a modest profit?

By the way F&M said that during the summer mercato they have completed what? 60% of the transfer goals?
So surely, there's more money to spend and surely noone was certain we would take the league easily.

Finally, I still think we can finish top 4.
All it takes is for the 2-3 clubs to start chocking and we will be back in the game.

Agree with forward, somehow papres always doubted our financial power, even in the summer, and yet they have all been proven wrong few times already... Also, our owners already made huge maneuvers to even buy the club...I think all of this financial negativity in papers comes from our bad results in the league.
Well, thats how i feel about this entire situation

Was here to post just that. Huge NYT story with a clear stance that Li is shady as hell. I wonder what Fassone will say to this.

This one has plenty of details as well that previous stories didnt have. Good investigative journalism.

Quote:

Originally, Guangdong Lion was ultimately owned by two investors, Li Shangbing and Li Shangsong, according to filings. Like Li Yonghong, the two men come from the same area of Maoming, a city on China’s southern coast, according to the documents. But in a phone interview, Li Shangbing said he did not know Li Yonghong.

Li Shangsong, who declined to comment, sold his interest in Guangdong Lion in 2015 to a person named Li Qianru, according to the documents. The documents did not include personal information about Li Qianru, who could not be reached for comment.

In May 2016, according to the filings, Li Shangbing and Li Qianru, sold Guangdong Lion to yet another Li: Li Yalu. The sale price: $0. The filings do not provide personal information about Li Yalu.

Three weeks later, Li Yalu sold a half stake in Guangdong Lion to a similarly obscure investor, Zhang Zhiling. The price: $0. Neither could be reached for comment.

Li is a common surname in China, and the relationships among the various Lis are unclear. The A.C. Milan spokesman declined to comment.

Li Yonghong, the A.C. Milan owner, and Li Shangbing have two things in common.

The first is a relationship with Guangdong Lion. A Chinese court cited Li Yonghong and Guangdong Lion in April for failing to resolve a loan dispute with another Chinese company, saying both parties had disappeared. The court did not specify the relationship. The A.C. Milan spokesman said that Li Yonghong had merely guaranteed the loan and that “he is a victim in this case.”

The second is an interest in investing in European sports.

In May 2016, a day before Li Shangbing sold Guangdong Lion for no money, he started a company called Sino-Europe Sports Asset Management Changxing Company, according to China’s corporate database.

Two days after he registered the Sino-Europe firm, another person registered a new company with a strikingly similar name: Sino-Europe Sports Investment Management Changxing Company. The two companies’ headquarters were in the same building in the city of Huzhou.

Sino-Europe Sports Investment owns a stake in A.C. Milan as a result of its role as a shareholder in Rossoneri Sport Investment, a Chinese company that is part of the group led by Li Yonghong that owns the soccer club.

In the phone interview, Li Shangbing denied setting up either Sino-Europe company and said he did not own any part of A.C. Milan. He declined to answer further questions. A.C. Milan declined to comment on Li Shangbing. The listed owner of the Sino-Europe Sports Investment Management Changxing Company, Chen Huashan, could not be reached for comment.

I'm beginning to think all these Li peeps are just like the guys here with 5 and 6 fake accounts.

Silvio and Galliani killed the club. There is no quick fix. We were all hoping 200 mil investment in the summer would sort things out but it just shows what a mess the club was left in.

No world class players, no appeal to all the young talented players who don't remember the great Milan teams. The new management wanted better players but they didn't want us. Massive debt, losing millions every year and we don't even own our own stadium.

Things are bad at the moment but we are where we are due to Silvio and his complete lack of care for Milan between 2007 and 2017. Remember during those years Juve went from Serie B to a profitable club, they own their own stadium, world class squad, numerous Scudetto's and two CL finals in 3 years losing to a far better team in both finals.